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Author Topic: Fork vs Bitcoin and Altcoin  (Read 551 times)
chrisfatos (OP)
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November 06, 2017, 11:30:04 AM
 #1

What will upcoming fork bring and how will it affect Bitcoin and Altcoin?

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November 06, 2017, 11:32:36 AM
 #2

It is already affecting the altcoin price so it would be better to hold them.
Regarding the bitcoin price. It is too expensive now to buy more and go with the flow of others. Better just holdbit too if you have some.
I wont withdraw my alts just so I could get something from that fork. There will be a lot of lost if I do so.
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November 06, 2017, 12:04:30 PM
 #3

The real question is: will btc survive the segwitx2 fork? and if so... how? It will be still most important crypto or it will be second?

Only with these answers we can know what happen to btc price
khokon150
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November 06, 2017, 12:08:38 PM
 #4

What will upcoming fork bring and how will it affect Bitcoin and Altcoin?

Normally everybody knows When Bitcoin value is increasing on the opposite alt coin market is badly reducing.Fork is now very important topics fork is running in this time BTC already huge increasing.
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November 06, 2017, 12:13:45 PM
 #5

What will upcoming fork bring and how will it affect Bitcoin and Altcoin?


Nobody knows. Support for 2x is diminishing, but I think the market in general is expecting a repeat of BTC cash, and so people are accumulating BTC. No-one knows how this will all play out. Just don't make any panicked decisions.
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November 06, 2017, 12:22:30 PM
 #6

These forks are going to end up hurting bitcoin because today everyone is holding the coin because of these forks. After finishing all this I think that investors will start to exchange their bitcoins for altcoins. if this happens the price of bitcoin will go down and much.

who buy altcoins at that time can have a very high profit in the long run, because at the moment all the altcoins are low.

I hope these forks end up stopping at some point for the altcoins to rise again.

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chrisfatos (OP)
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November 06, 2017, 12:35:22 PM
 #7

These forks are going to end up hurting bitcoin because today everyone is holding the coin because of these forks. After finishing all this I think that investors will start to exchange their bitcoins for altcoins. if this happens the price of bitcoin will go down and much.

who buy altcoins at that time can have a very high profit in the long run, because at the moment all the altcoins are low.

I hope these forks end up stopping at some point for the altcoins to rise again.
You mentioned "hurt" bitcoin, but forks are supposed to improve or change Bitcoin, right? How would forks hurt Bitcoin?

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November 06, 2017, 12:36:55 PM
 #8

It is affecting altcoins negatively and bitcoin positively, that much is clear to pretty much everyone, what will happen after the fork? That's the million dollar question, it depends on how much support there is for either side, if eventually the fork is quite smooth then things will be a bit less frenzied I feel in the market but if there is a large split then bitcoin prices will fluctuate wildly and altcoins will do so as a result of that.

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pjhom
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November 06, 2017, 12:41:28 PM
 #9

I'm hoping that after the fork money moves back into Alts.  I'm worried that people may go to cash instead and we may see a flattening out of the market as a whole for a while.  Things have rocketed up so fast, they have to slow down.  With all the hedgefunds and other big money coming in, they will be more likely to mess with prices, shorting various coins to manipulate markets.  I think that since this space is so unregulated it could become even more "wild-wild west" as existing whales battle it out with the new sophisticated HF's and other private equity money.
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November 06, 2017, 12:48:25 PM
 #10

the fork is already affecting altcoin negatively and Bitcoin is rising steadily however, I think the forks is presume to help improve the Bitcoin. and i think it is better to hold altcoin now becuase if you sell it you will lose alot. I believe altcoin will rise again after the fork people will come back to invest in altcoin. and talking about buying and investing in BTC now will be difficult beause the price is very high now
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November 06, 2017, 12:54:37 PM
 #11

The fork is already affecting the Bitcoin's and Altcoin's price resulting in Bitcon's price to increase and Altcoin's price to decrease.
People are buy more Bitcoin so that they can gain more profit from the free B2X they are going to receive after the fork.
They will either sell the BTC for fiat or buy Altcoins for BTC after the fork. So the resulting change will be vice versa after the fork.
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November 06, 2017, 12:54:52 PM
 #12

What will upcoming fork bring and how will it affect Bitcoin and Altcoin?

The more money will fly to the fork coin. that means there will be another crash caused by the fork coin but you must remember if that will be happened after the fork coin network will live.
that will not happen if the network still not live and those fork coin holders will not able to send their coin.

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November 06, 2017, 12:58:17 PM
 #13

What will upcoming fork bring and how will it affect Bitcoin and Altcoin?

It will alter how some data is stored on the network. Specifically speaking, it will remove transaction malleability, an issue that once resolved could lead to a number of network improvements.
It would set a timeline for increasing the network's block size to 2MB, up from 1MB today, to be triggered about three months after the SegWit activation.
As regards the latter part of the question, realistically speaking, its unsure at this point - Bitcoin could take a dip and Altcoins could start increasing in value during because some people will start selling there and begin to buy in Altcoin...or, Bitcoin will become better than ever and continue its ascension to the moon!

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November 06, 2017, 01:02:38 PM
 #14

The fork is already affecting the Bitcoin's and Altcoin's price resulting in Bitcon's price to increase and Altcoin's price to decrease.
People are buy more Bitcoin so that they can gain more profit from the free B2X they are going to receive after the fork.
They will either sell the BTC for fiat or buy Altcoins for BTC after the fork. So the resulting change will be vice versa after the fork.

It will really affect the value and fluctuation of each and every coins regarding this coming Fork and I think Bitcoin is the more affected one than every Altcoins out there, we can see it from the bitcoin price and because of this hard fork money is getting into bitcoin because many are expecting to get free coins from the upcoming Hard Fork.
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November 06, 2017, 01:20:32 PM
 #15

The fork is already affecting the Bitcoin's and Altcoin's price resulting in Bitcon's price to increase and Altcoin's price to decrease.
People are buy more Bitcoin so that they can gain more profit from the free B2X they are going to receive after the fork.
They will either sell the BTC for fiat or buy Altcoins for BTC after the fork. So the resulting change will be vice versa after the fork.

It will really affect the value and fluctuation of each and every coins regarding this coming Fork and I think Bitcoin is the more affected one than every Altcoins out there, we can see it from the bitcoin price and because of this hard fork money is getting into bitcoin because many are expecting to get free coins from the upcoming Hard Fork.


Exactly this. I hate free coins!
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November 06, 2017, 01:30:39 PM
 #16

What will upcoming fork bring and how will it affect Bitcoin and Altcoin?

Bitcoin fork will affect bitcoin. Running in fork bitcoin transactions are not allow.  It get times many. Sometimes alt coin price going very down. In last bitcoin fork getting bitcoin price so high. After End of hard fork again bitcoin will go down (my opinion, not any source). Altcoin will pump again.

Be hardworker
chrisfatos (OP)
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November 06, 2017, 01:31:22 PM
 #17

The fork is already affecting the Bitcoin's and Altcoin's price resulting in Bitcon's price to increase and Altcoin's price to decrease.
People are buy more Bitcoin so that they can gain more profit from the free B2X they are going to receive after the fork.
They will either sell the BTC for fiat or buy Altcoins for BTC after the fork. So the resulting change will be vice versa after the fork.

It will really affect the value and fluctuation of each and every coins regarding this coming Fork and I think Bitcoin is the more affected one than every Altcoins out there, we can see it from the bitcoin price and because of this hard fork money is getting into bitcoin because many are expecting to get free coins from the upcoming Hard Fork.


Exactly this. I hate free coins!
Explain free coins please?

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November 06, 2017, 01:43:39 PM
 #18

What will upcoming fork bring and how will it affect Bitcoin and Altcoin?

Upcoming fork will just bring another altcoin (copy of bitcoin) into crypto world in which few people might get crazy and buy at high prices. But within a week or month, there will be series of dump from big bitcoin holders where all newbie who have invested few weeks earlier will be eaten alive  Grin Grin

After fork bitcoin price might correct a little bit whiel altcoin will boom.
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November 06, 2017, 01:45:03 PM
 #19

These forks are going to end up hurting bitcoin because today everyone is holding the coin because of these forks. After finishing all this I think that investors will start to exchange their bitcoins for altcoins. if this happens the price of bitcoin will go down and much.

who buy altcoins at that time can have a very high profit in the long run, because at the moment all the altcoins are low.

I hope these forks end up stopping at some point for the altcoins to rise again.
You mentioned "hurt" bitcoin, but forks are supposed to improve or change Bitcoin, right? How would forks hurt Bitcoin?

If we keep having too many forks, it would end up affecting Bitcoin's immutability. Sure, we have 21 million coins and if any developer comes with its own theory that the legacy developer does not agree with, then they end up divorcing and then creating a fork.
 
Now, imagine what would end up happening it this keeps going on... it would then prove so many of these financial dudes right that in as much as the blockchain technology is here to change everything, having control is what makes it better, which I do not agree but I feel there should be a law on forks before we start seeing like 50 different UNNECESSARY forks coming up later in future as I do not see any of them improving bitcoin but just some pure developer's greed.

Now, I learned there is going to be another fork by December called Bitcoin Silver and everything about it sucks. It is best for the community to stop seeing these forks as free money but high time we started discarding them and seeing them as scams.
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November 06, 2017, 01:50:34 PM
 #20

Until the fork comes, BTC's price rise.
After fork, the price of altcoins increases.

Those who want to buy a new coin
They're get bitcoin and it's price rising.
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